2023 Medicaid Planning – What’s New and What Needs to be Reviewed

Last Minute Medicaid Techniques: Come learn How To:

• Protect the primary residence for married and single folks;
• Make countable rental property non-countable
• Make countable vacation property non-countable
• Protect life insurance policies (whole life vs. term life)
• Protect excess resources through Medicaid annuities and pooled trusts.
• Differentiate Countable vs. non-countable assets
• Deal with the caretaker child exception, related rules, and recent fair hearing decisions
• Medicaid liens operate and how they can actually be a good thing
• The five year lookback period operates and related exceptions vs. the penalty period;
• Special needs trusts and sole benefit trusts operations
• Special needs trusts and sole benefit trusts operations

Drafting & Taxation of Irrevocable Income Only Trusts: Come learn How To:

• Draft irrevocable trusts to withstand MassHealth’s scrutiny;
• Frequent arguments made by MassHealth
• Eligibility operations memo 20-04
• Recent Fair Hearing Decisions and SJC Cases
• Limited power of appointment
• Grantor trust rules for income tax purposes
• 26 U.S.C. section 1014 (a) and step up in basis works with these trusts
• Gift tax consequences of these trusts 26 CFR Section 25.2511(c)
• Estate tax consequences of these trusts including drafting of the marital and remainder shares to both protect assets and shelter for estate taxes;
• Eligibility operations memo 19-12 re-defining calculation of life

Testamentary Trusts, IRAs, and Life Insurance:

• How trust and transfer rules apply to testamentary trusts, how to draft them, and how they operate;

Tuition: $325.00 includes Print or PDF Materials

CEU .4

---

To register call 978-468-6528 or download and fax registration form below

2023 Reservation Form